Industry News

Renters are racing on the Internet, survey finds

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Fuzzy cell phone reception and a lack of broadband Internet choices doesn't bode well for the future of apartment communities, according to a survey by the National Multi Housing Council, a national group representing apartment firms. While 94 percent of respondents to the group's Apartment Renter Technology Survey stated that technology didn't have much to do with the selection of their current apartment, respondents said that high-speed Internet, good cell phone reception and a choice of service providers might be important choices when they move. The survey of about 1,000 renters was conducted by SatisFacts Research LLC. About 78 percent of respondents have computers in their apartments and about 85 percent of those subscribe to a high-speed Internet service -- either cable, DSL or wireless, the survey found. About 58 percent of apartment homes have a wired landline phone, according to the survey, and 38 percent consider it their primary phone. And 88 percent of renter homes hav...